Azerbaijan ratifies Agreement "On the establishment of Turkic Investment Fund"

Azerbaijan ratifies Agreement "On the establishment of Turkic Investment Fund"
# 30 May 2023 12:09 (UTC +04:00)

A draft law "On approval of Agreement " On the establishment of the Turkic Investment Fund" was put into discussion at a meeting of Azerbaijan's Milli Majlis (Parliament), APA reports.

The draft law was discussed and adopted in one reading.

The goal of the Fund is to contribute to the economic development of the Organization of Turkic States by expanding intra-regional trade and supporting economic activities.

The founders of the Turkish Investment Fund are the republics of Azerbaijan, Türkiye, Kazakhstan, Uzbekistan, and Kyrgyzstan.

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THE OPERATION IS BEING PERFORMED